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PEPE Stumbles After 100-Day Breakout—Is the Meme Coin’s Rally Over?

PEPE Stumbles After 100-Day Breakout—Is the Meme Coin’s Rally Over?

Author:
Coindesk
Published:
2025-07-07 13:12:28
6
3

PEPE's bullish momentum hits a wall as distribution pressure mounts.

Key levels: The meme coin fails to hold above its critical 100-day average—classic 'buy the rumor, sell the news' behavior.

Market whispers: Traders are rotating profits into 'serious' projects (or so they claim).

Bottom line: Another reminder that in crypto, even frogs can't defy gravity forever—especially when Wall Street's algo wolves start circling.

PEPE daily chart. (TradingView/CoinDesk)

Key AI insights

  • Technical indicators for PEPE remain mixed, with RSI at 44.29 and sentiment classified as neutral.
  • The token's price action during recent hours showed a sharp sell-off with exceptionally high volume, creating a descending resistance trendline.
  • Despite these challenges, analysts project significant long-term potential, with some forecasts suggesting PEPE could reach $0.000035 by 2025 and potentially $0.0258 by 2030.
  • PEPE coin maintains critical support at $0.00000099 despite profit-taking, forming a consolidation pattern between $0.0000099 and $0.0000102.
  • Memecoin sector shows rotation with Bonk surging 6-7% on ETF buzz while Dogwifhat drops 4-10%, testing key support amid declining volume.

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